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Apr 7, 2014
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years, the u.s. created tax organization firms like the department of finance and the treasury department. the treasury department was created to borrow money and was created to keep the debt at a manageable level. was toance department make sure the cost did not get so high. the civil war cost over $5 billion to fund the. 1862, the government passed a legal tender act which allowed the government to print paper money to pay off debt and sell $500 million worth of treasury bonds. america prepared for world war i by raising taxes and selling war bonds. over $25 war, debt was billion. the depression and the stock market crashed go to debt up even further. economy war ii, the still did not come close to suppressing -- surpassing the gross investing product. we had a big debt after world war ii. debte large amount of almost caused an economic collapse. the debt situation has never been more dire. >> we are approaching the level they can be the worst we have ever had. the greatestone of threats has been d
years, the u.s. created tax organization firms like the department of finance and the treasury department. the treasury department was created to borrow money and was created to keep the debt at a manageable level. was toance department make sure the cost did not get so high. the civil war cost over $5 billion to fund the. 1862, the government passed a legal tender act which allowed the government to print paper money to pay off debt and sell $500 million worth of treasury bonds. america...
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Apr 14, 2014
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which is being a u.s. senator. being a u.s. congressman. i find it really counterintuitive when i talk to people in oklahoma who don't agree with me a lot but trust me. that's what's happened. you see this real low approval rating of congress. it's because they don't trust us. because we haven't given them reason to trust us. we haven't been honest to them about the real problems. pain is coming. the question is, do we manage the pain and the difficulties or do we ignore them until their -- they are here and suffer greater pain. >> if you had to pin the tail on the donkey, when did this start in this country in the last 50 years? >> probably as we've had supreme court rulings that have widened and expanded the commerce clause and the general welfare clause. it fed into the nature of politicians to always want to be there. to do something to make it right. the motivations of politicians are good. generally they're excellent. they want to do good things. they don't always want to do the hard right thing. >> has that changed any of the last fe
which is being a u.s. senator. being a u.s. congressman. i find it really counterintuitive when i talk to people in oklahoma who don't agree with me a lot but trust me. that's what's happened. you see this real low approval rating of congress. it's because they don't trust us. because we haven't given them reason to trust us. we haven't been honest to them about the real problems. pain is coming. the question is, do we manage the pain and the difficulties or do we ignore them until their --...
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Apr 28, 2014
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discussion ona u.s. defense policy and spending. 2:00, the u.s. house will gavel in. >> of course, the white house press corps is here. cnn has taken some knocks lately. i admire their commitment to cover all sides of the story.
discussion ona u.s. defense policy and spending. 2:00, the u.s. house will gavel in. >> of course, the white house press corps is here. cnn has taken some knocks lately. i admire their commitment to cover all sides of the story.
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Apr 7, 2014
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there was a racetrack owner in texas who got busted by the u.s. attorney's office for laundering money for another mexican drug cartel. and that guy got a ton of years. he got like 15 years for his sentence. these are enormous discrep sis between 20 years and nothing, 15 years and nothing. here is the other thing i would say about that: over and over again with these settlements, we have situations where companies approximate pay massive fines, in the case of chase $13 billion, goldman sachs pace $550 million for their role in the scandal a couple of years ago. we have instances of companies that have liability in the hundreds of millions or billions and yet somehow there isn't enough evidence to prosecute criminally, to move ahead in a criminal case. that just -- maybe in one instance that might be true but it defice logic that you could have billions in liability and no criminal liability and not enough evidence of criminal linalt. i just don't believe it. >> a couple of weeks ago toyota was find over a billion dollars and seems like there have
there was a racetrack owner in texas who got busted by the u.s. attorney's office for laundering money for another mexican drug cartel. and that guy got a ton of years. he got like 15 years for his sentence. these are enormous discrep sis between 20 years and nothing, 15 years and nothing. here is the other thing i would say about that: over and over again with these settlements, we have situations where companies approximate pay massive fines, in the case of chase $13 billion, goldman sachs...
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Apr 21, 2014
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cornell, vanderbilt, u.s. naval academy, northwestern. harvard. yale. wesleyan. >> it is everywhere. >> what did you learn or pass on to us? >> what i learned is underage drinking is an epidemic. binge drinking is an epidemic. there is bad behavior that results from too much drinking on campus and we all know there is way too much drinking on campus. you know, president obama in january put together a task force of his cabinet to address the growing issue of rape on campus. this is out-of-control situation. i am not sure how to address it. there are people addressing this. i expect it starts with the 21 year old drinking law. that law basically makes no sense. every college administrator across this country has to look the other way as a result of the drinking age being 21. >> it is in your book and i want to bring it back from a dartmouth student. it was written for the dartmouth newspaper in 2012. he is talking about fraternity. he said i was part of a fraternity that asked pledges -- a little strong, but it is has something. are fraternities that bad
cornell, vanderbilt, u.s. naval academy, northwestern. harvard. yale. wesleyan. >> it is everywhere. >> what did you learn or pass on to us? >> what i learned is underage drinking is an epidemic. binge drinking is an epidemic. there is bad behavior that results from too much drinking on campus and we all know there is way too much drinking on campus. you know, president obama in january put together a task force of his cabinet to address the growing issue of rape on campus....
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Apr 28, 2014
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we are at the 2014 u.s. senate youth program. students come together to experience leadership in this nation's capital. >> what did you want to add? >> it is sponsored by the hearst foundation. two delegates from each state are chosen to represent the states at the capital. over 5000 alumni are in this country and they have become law, politics. i am from maryland. >> what was the high point of the week for you? >> seeing the president of the united states yesterday. to see him as an individual and a person was an incredible experience and just being in the room with the president was surreal. >> what is the first thing you thought of that you did not know you are about to think of when you saw this man standing in front of you? >> i was telling myself to keep my composure and keep it cool. seeing him approach on the red carpet in the white house was so surreal and i started tearing up . it was actually white embarrassing. just being able to experience something like that that so many youth across the country are not able to expe
we are at the 2014 u.s. senate youth program. students come together to experience leadership in this nation's capital. >> what did you want to add? >> it is sponsored by the hearst foundation. two delegates from each state are chosen to represent the states at the capital. over 5000 alumni are in this country and they have become law, politics. i am from maryland. >> what was the high point of the week for you? >> seeing the president of the united states yesterday. to...
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Apr 21, 2014
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the question we asked was, what is the most important issue the u.s. congress should consider in 2014? second prize winner will ratliff is a junior from jenks high school in jenks, oklahoma. he believes the farm bill is the most important issue. >> hi, i will ratliff, and welcome to the farm. hi, i am will ratliff, and welcome to the farm. farmers -- we are a large part of making america what it is today. without us, there would be no food to eat, no clothing to wear. farming has always been around since the beginning of civilization. farming has always been a job with lots of risk. every season we gamble with crops and we gamble with equipment and we gamble with mother nature. but now we have another force to contend with. andnt farm bill legislation holdups in congress have many farmers worried for the future of farming. we will take a look at these prepare and how to them. >> the farm bill will have an effect on everybody. the reason congress should be concerned is not only does it play a significant role in terms of budget issues that the congress
the question we asked was, what is the most important issue the u.s. congress should consider in 2014? second prize winner will ratliff is a junior from jenks high school in jenks, oklahoma. he believes the farm bill is the most important issue. >> hi, i will ratliff, and welcome to the farm. hi, i am will ratliff, and welcome to the farm. farmers -- we are a large part of making america what it is today. without us, there would be no food to eat, no clothing to wear. farming has always...
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Apr 14, 2014
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that'll to gavel coverage of the u.s. house all as a public service as a private industry. created by the cable industry. watch as in hd, like us on facebook, and follow us on twitter. morning, the pew research center talks about a new report showing the numbers of stay-at-home mothers is on the rise. somejason millman looks at of the challenges facing the next secretary of health and human services. later, the yuan bureau chief -- u.n. bureau chief. take your we will calls and you can join the conversation at facebook and twitter. "washington journal" is next. host: good morning on this monday, april 14, 2014. we will begin with former justice john paul stevens'new book. he is proposing changes to the constitution, specifically the second amendment. he says there are five extra that could fix the second amendment. the phone lines --
that'll to gavel coverage of the u.s. house all as a public service as a private industry. created by the cable industry. watch as in hd, like us on facebook, and follow us on twitter. morning, the pew research center talks about a new report showing the numbers of stay-at-home mothers is on the rise. somejason millman looks at of the challenges facing the next secretary of health and human services. later, the yuan bureau chief -- u.n. bureau chief. take your we will calls and you can join the...
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Apr 28, 2014
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discussion ona u.s. defense policy and spending. 2:00, the u.s. house will gavel in. >> of course, the white house press corps is here. cnn has taken some knocks lately. i admire their commitment to cover all sides of the story. in case one of them happens to be accurate. >> and surprise the john boehner is not here tonight. he and president obama are still struggling to get along. president obama and john boehner are like a blind date between anderson cooper and rachel maddow. they understand each other's positions, but they know that nothing will ever happen. >> watch the white house correspondents'dinner. el mchale obama and jole headline. that is live at saturday night on c-span. >> this morning on "washington journal" a roundtable on the week ahead in congress with jeff mason and shane goldmacher. buckley on the rise and fall of government. he discusses the growth of executive power in american government. we will take your calls and you can join the conversation on facebook and twitter. "washington journal" is next. host: good morning and we
discussion ona u.s. defense policy and spending. 2:00, the u.s. house will gavel in. >> of course, the white house press corps is here. cnn has taken some knocks lately. i admire their commitment to cover all sides of the story. in case one of them happens to be accurate. >> and surprise the john boehner is not here tonight. he and president obama are still struggling to get along. president obama and john boehner are like a blind date between anderson cooper and rachel maddow. they...